TechNavio recognizes the following companies as the key players in Global Military Rotorcraft Market: AgustaWestland NV, Bell Helicopter Textron Inc., Eurocopter, and Sikorsky Aircraft Corp.
Commenting on the report, an analyst from TechNavio’s team said: “High-altitude rotorcraft are used to fly at a range above 15,000 kilometers from sea level; the market will witness an increasing demand for these types of rotorcraft in the next few years. High-altitude rotorcraft have multiple uses like fighting, transportation, training, and more. Thus, the vendors are demanding rotorcraft that can be used in different applications. Adding to this, there is a growing demand for high-altitude rotorcraft for rescue operations. Thus, the increasing adoption of high-altitude and versatile rotorcraft is predicted to have a positive impact on the growth of the market during the forecast period. ”
According to the report, one of the major drivers in this market is the increasing demand for military rotorcraft in the APAC region. This is mainly attributed to the rise in the defense budgets in most countries in the APAC region, which is expected to drive the demand for military rotorcraft.
Further, the report states that one of the major challenges in this market is the decline in global defense budgets in major countries due to a slowdown in the economy, and other political reasons.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-military-rotorcraft-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Military Rotorcraft Market 2014-2018
